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Shares of common stock of the Leafpad Co. offer an expected total return of 9.6 percent. The dividend is increasing at a constant 4.4 percent
Shares of common stock of the Leafpad Co. offer an expected total return of 9.6 percent. The dividend is increasing at a constant 4.4 percent per year. What must be the dividend yield?
Enter rate in percents, to two decimal places.
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